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FORECLOSURE INSPECTIONS
Although there may be opportunity for substantial financial gain, these properties can have their
own unique set of problems. Some foreclosure properties often have extra problems due to the
winterization process many of these homes have gone through. The properties that have had
the heat and water turned off for the winter or extended periods of time tend to be the homes of
our greatest concern. Many times foreclosure property has been stripped of many things that a
buyer would expect to be in the home.

These include but are not limited to;

* Plumbing and copper pipes
* Romex or other electrical wiring (copper)
* Cabinets / counter tops
* Appliances such as stoves, built-in microwaves, dishwashers, space heaters, etc.
* Furnaces, water heaters, and air conditioning units
* Light fixtures, ceiling fans, switches, and receptacles
* Doors (interior and exterior) and hardware (knobs and locks)
* Flooring (carpet), suspended ceilings and walls (paneling and tile)
* Windows and vents
* Medicine cabinets, sinks, tubs, toilets and showers
* Sink drains and faucets
* Built-in shelving / bookcases
* Landscaping, fencing, built-in pools and spas, retaining walls (landscape block), patio stone
* Wood trim (oak or any decorative)

We have seen many of the foreclosed homes have plumbing problems from poor winterizations
done by inexperienced workers or plumbers. Once de-winterized these homes should have the
entire system pressure tested by a qualified plumbing contractor. BE CAREFUL! Our home
inspectors pay extra attention to these homes as the problems are sometimes not as easily
uncovered

The current real estate market includes many foreclosed, bank owned homes. These properties
can be a great investment resource or “fixer-upper” first home. But buyers must be smart.
Smart buyers have their own representation and hire their own independent inspectors. On a
purchase this big, you owe it to yourself not to take someone’s word about the property’s
condition.
GET A HOME INSPECTION!


THE STATE OF MINNESOTA DOES NOT REQUIRE FINANCIAL
INSTITUTIONS TO PROVIDE A DISCLOSURE
REO and Bank Owned
Reassurance Home Inspection LLC
Reassurance Home Inspection LLC
"BUY OR SELL YOUR HOME WITH CONFIDENCE"
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